How does your state rank when it comes to opportunities, risk and financial stability specifically for doctors? First of all, let’s think about the things that doctors tend to have in common: Doctors are entrepreneurial They are either in private practice or would like to have a private
The Role of Disability Insurance in a “Portfolio Pyramid”
Any good financial planner will tell you that the role of disability income insurance is a key asset and makes up part of a solid foundation for any financial plan. The "Portfolio Pyramid" A common way of explaining and illustrating a solid financial plan is to imagine a pyramid. The most
Five Ways To Save on Disability Premiums
Disability insurance is a critical asset for physicians. There are literally millions of dollars on the line for any future or current physician who has most of a career ahead of him or her. If you were to unexpectedly lose your ability to work in the medical profession – either by illness or
Doctors Need Income Protection
Physicians are quite accustomed to helping people who are temporarily or permanently sidelined from the work force by injury or illness – one at a time. But many physicians don’t quite grasp that they themselves could face disabilities like their patients – disabilities that threaten to derail years
Show Me The Money: Physician Compensation Map Shows Doctors Where Pay is Highest (And Lowest)
It was only a matter of time. Developers have finally come out with an easy-to-use application that lets physicians anonymously share compensation data and location. Once the information from thousands of physicians is aggregated and plotted on a map, the data can provide physicians around the world
The 5 Rules of Debt, and 6 Financial Mistakes New Doctors Make
Those of you just beginning your careers are probably most worried about student loan debt. And it’s true – student loans are a heavy load for most physicians who don’t come from wealthy families and who don’t get a lot of government help along the way. Though, you don’t have to look at it that
End Of Year Financial Moves for Doctors (And Those Who Soon Will Be Doctors)
The holidays are upon us! And while those doctors who can are taking well-earned time off, other doctors are treating patients with alcohol-poisoning, seasonal affective disorders and holiday-related depression, car accidents from travelers on icy roads and the accountants are working overtime as we
What Does It Take to Get a Federally-Guaranteed Student Loan Discharged for Disability?
Once you sign on with a federally-guaranteed student loan, getting out of it is tough. When the U.S. government guaranteed your student loan debt, it put other hard-working taxpayers’ money on the line for you. That makes these loans fundamentally different from private loans that don’t come with